Short Interest in CF Bankshares Inc. (NASDAQ:CFBK) Rises By 21.9%

CF Bankshares Inc. (NASDAQ:CFBK) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 18,400 shares, a growth of 21.9% from the September 30th total of 15,100 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 5,300 shares, the short-interest ratio is presently 3.5 days.

CF Bankshares Trading Up 0.7 %

Shares of CFBK stock traded up $0.19 on Tuesday, reaching $25.62. 11,826 shares of the stock were exchanged, compared to its average volume of 5,063. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.15 and a quick ratio of 1.15. CF Bankshares has a one year low of $14.69 and a one year high of $27.17. The stock has a market cap of $131.30 million, a PE ratio of 10.68 and a beta of 0.56. The stock has a 50 day moving average price of $22.37 and a 200 day moving average price of $20.56.

CF Bankshares (NASDAQ:CFBK) last announced its quarterly earnings data on Tuesday, August 6th. The savings and loans company reported $0.26 earnings per share for the quarter. The firm had revenue of $12.59 million during the quarter. CF Bankshares had a return on equity of 8.35% and a net margin of 10.79%.

CF Bankshares Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Saturday, October 19th. Shareholders of record on Friday, October 11th were paid a $0.07 dividend. The ex-dividend date of this dividend was Friday, October 11th. This is a boost from CF Bankshares’s previous quarterly dividend of $0.06. This represents a $0.28 dividend on an annualized basis and a yield of 1.09%. CF Bankshares’s dividend payout ratio (DPR) is presently 11.67%.

Institutional Trading of CF Bankshares

Several institutional investors and hedge funds have recently made changes to their positions in CFBK. Dimensional Fund Advisors LP boosted its position in shares of CF Bankshares by 9.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 25,243 shares of the savings and loans company’s stock worth $474,000 after purchasing an additional 2,172 shares during the last quarter. Kennedy Capital Management LLC bought a new position in CF Bankshares during the first quarter worth about $619,000. Finally, Graham Capital Wealth Management LLC acquired a new position in shares of CF Bankshares during the 2nd quarter worth about $2,774,000. Institutional investors own 41.06% of the company’s stock.

CF Bankshares Company Profile

CF Bankshares Inc operates as the bank holding company for CFBank, National Association that provides various banking products and services in the United States. The company accepts savings, retail and business checking accounts, and money market accounts, as well as certificates of deposit. It offers single-family mortgage loans; commercial real estate and multi-family residential mortgage loans; commercial loans and equipment leases; residential real estate loans and treasury management depository services; retail banking services and products.